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Industry News June 20, 2023

New Zealand concerned that Microsoft could weaken its cloud gaming rivals’ ability to compete following Activision deal

New Zealand’s Commerce Commission has listed concerns it has over Microsoft’s proposed acquisition of Activision Blizzard. Just like the UK regulator, it believes that the deal could lessen competition in the cloud gaming market.
Industry News June 20, 2023

BattleBit Remastered becomes best-selling premium game on Steam, peaking at 61k concurrent players

BattleBit Remastered, a 254-player low-poly multiplayer shooter made by a small indie team, is now storming the charts. Last week, it generated more revenue on Steam than some AAA blockbusters like CoD: Modern Warfare II and Starfield.
Industry News June 20, 2023

Persona 5 series tops 9 million units sold globally, accounting for half of entire franchise’s sales

Persona 5 and its spin-offs have reached a new sales milestone. The collection of games remains the best-selling entry in the entire franchise.
Industry News June 19, 2023

Nicola Sebastiani steps down as head of PlayStation Mobile after two years

Experience gaming executive Nicola Sebastiani has left PlayStation Studios after two years. He helped Sony establish its mobile division and build a growth strategy in this area.
Industry News June 19, 2023

WoW and Overwatch designer Scott Mercer leaves Blizzard after 26 years

Veteran game designer Scott Mercer has announced his retirement after working at Blizzard for more than two decades. He contributed to the studio’s key franchises.
Market Analysis June 19, 2023

US games and esports market generated $54 billion in 2022, showing lowest growth rate in five years

Data analytics firm PricewaterhouseCoopers (PwC) has shared a new report on the US video games and esports market. Here are the key figures and takeaways, as well as a forecast for the next five years.
Marketing June 16, 2023

Pitch deck template and useful tips for indie developers from SUPERHOT BizDev

Pitching a game to a publisher or investor is an important step most game developers face at various stages of their journeys. This template could help aspiring indies avoid pitfalls when creating one.
Game Development June 16, 2023

Epic Games launches MetaHuman Animator to produce high-fidelity facial animation based on real actor’s performance

Epic Games has officially launched MetaHuman Animator, a new tool for capturing real actors’ performances and turning them into high-quality facial animation. Here is everything to know about the technology from the Unreal Engine team.
Marketing June 16, 2023

Rockfish on Everspace 2’s marketing and launch: “We saw very little of the expected sales drop off due to PC Game Pass subscribers”

Everspace 2 has been a huge success for Rockfish Games, with over 300,000 units sold already. We reached out to the studio’s CEO and co-founder Michael Schade to discuss the game’s marketing, Early Access, the importance of demos, and the impact of Game Pass on sales.
Industry News June 16, 2023

Diablo Immortal among top 15 fastest mobile games to surpass $500 million in revenue

The mobile version of Diablo Immortal, developed by Blizzard and NetEase, has passed another milestone a year after its global launch. Here is how its revenue compares to other hit titles.
Industry News June 15, 2023

“Storytelling. Philanthropy. Ultraviolence”: Rockstar co-founder Dan Houser starts new company Absurd Ventures

Dan Houser, co-founder of Rockstar Games and one of the masterminds behind the GTA series, has officially started a new media company called Absurd Ventures. It will focus on creating new IP across various formats.
Industry News June 15, 2023

Electronic Arts cites staff unionization and AI regulation as business disruption risks

Electronic Arts has updated the list of potential operational risks, adding its view on unionization and AI regulation. Here is what the company has to say about the influence of these factors on its business.
Industry News June 15, 2023

Subway Surfers co-developer Kiloo Games shutting down after 23 years and laying off all employees

The 23-year journey of Kiloo Games is coming to an end, as the studio is now laying off staff ahead of its closure. The Danish team is best known as co-developer of Subway Surfers, one of the most popular mobile games ever.
Industry News June 14, 2023

How CD Projekt gave Gabe Amatangelo carte blanche to fix Cyberpunk 2077 and direct its sequel

Industry veteran and former BioWare dev Gabe Amatangelo has been with CD Projekt RED since 2020. And he seems to have been instrumental in not only fixing Cyberpunk 2077, but shaping the future and finding the right vision for the game.
Industry News June 14, 2023

Saudi Arabia already invested almost $8 billion in global game companies over past 18 months

It is no secret that Saudi Arabia is betting big on video games as part of its strategy to diversify the country’s oil-centric economy. Here is how much money it has already invested in the sector across the globe.
Events June 14, 2023

WN Istanbul’23 brought together over 1,500 games industry professionals from almost 800 companies

The latest WN Conference took place in Istanbul, Turkiye on June 7-8. Here are all the key figures and stats about the networking and dealmaking event for games industry professionals.
Industry News June 14, 2023

UK Games Fund to receive additional £5 million to support domestic game developers

The UK government has announced an additional funding of £77 million to accelerate the growth of the country’s creative sectors. This also applies to the video game industry, where developers and emerging studios will be able to receive help at early stages.
Legal June 14, 2023

FTC achieves temporarily ban on Microsoft’s acquisition of Activision Blizzard, hearing set for June 22-23

The US Federal Trade Commission (FTC) has been granted a restraining order against the Microsoft-Activision deal. This means the companies are now temporarily blocked from completing the merger.
Industry News June 13, 2023

Embracer switches to cost-cutting mode: layoffs, studio closures, game shutdowns, and focus on first-party IP

Embracer Group has announced a business restructuring. The Swedish holding company plans a multi-phase program aimed at increasing its growth and long-term efficiency.
Industry News June 13, 2023

Diablo IV hits $666 million in sales in just five days: how it compares to previous games in series

Diablo IV is now generating a hell of a lot of money, as it has already become Blizzard’s fastest-selling game ever both in dollars and units sold. Let’s take a look at sales figures for other games in the long-lasting series.
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